Capital Gain Tax - A capital gain may be characterized as any benefit earned from the selling of a capital asset. The benefit earned comes within the division of profits.…

How to save tax on capital gain - Profits resulting from the selling of any capital asset are known as capital gains and are differentiated for taxation purposes in the…

Budget Highlight 2021 - The total capital expenditure for the FY 2021-22 is Rs.5.54 lakh crore. In view of the need-of-hour change in the healthcare industry, FM suggested a different…

Income Tax for Self-Employed - Self-employed is those individuals who sell their services to various employers without the need for a long term deal with either of them. Income Tax…

Penalties Under the Income Tax Act - The timely and regular paying of taxes and the filing of returns indicates that the government has public welfare funds at all times.…

Union Budget 2021 - One of the most highly anticipated annual policy updates by the government during the last quarter of the FY – the Union budget – is just…

Income Tax Exemptions for Political Parties - Political groups in India are regulated by the Representation of the People's Act, 1951 (RPA). Any alliance of Indian people or body of…

The Indian Income Tax Act contains regulations for both the collection of taxes at source. In these provisions, specific individuals are needed to gather a specific portion of the tax…